News search | Securities Finance Times

Generic business image for news articles

FundServ manager takes on new role at KPMG International
11 February 2022 Canada
Reporter: Jenna Lomax

Kat Ball has been appointed as global people survey operations lead at KPMG International, following an extensive career in a variety of asset servicing roles

Alberta Investment Management Corporation picks BNP Paribas for custody services
11 February 2022 Canada
Reporter: Jenna Lomax

The mandate will see BNP Paribas Securities Services support AIMCo’s ability to access the fast-growing Indian market through custody services, as well as foreign exchange and banking services

Ocorian assists SilkRoad Property Partners with first round funding
11 February 2022 UK
Reporter: Jenna Lomax

Ocorian, the fund services provider, has assisted private equity real estate firm SilkRoad Property Partners with the first close of its core-plus real estate fund, which currently stands at US$144 million

Canada’s Questrade picks CWB Trust Services as registered plans trustee
11 February 2022 Canada
Reporter: Jenna Lomax

CWB Trust Services, a wholly owned subsidiary of CWB Financial Group, has been appointed as a registered plans trustee for Questrade, the Canadian online brokerage. The appointment will be effective from spring 2022

Apex Group acquires BEST Alternative Advisory Services
11 February 2022 India
Reporter: Jenna Lomax

Apex Group has acquired BEST Alternative Advisory Services (BEST), an India-based, financial services provider

Mauritius-based ChiLin Global Fiduciary Services picks PFS
10 February 2022 Mauritius
Reporter: Jenna Lomax

Mauritius-based fund administration provider ChiLin Global Fiduciary Services has selected the Pacific Fund Systems fund administration system for its third-party fund administration business operations

SEC votes to propose rule changes for C&S upgrade
10 February 2022 US
Reporter: Bob Currie

US regulator votes for clearing and settlement amendments, including T+1 settlement, same-day affirmation and improved STP rates. It asks, through public consultation, whether the market is now ready for next-day or same-day settlement

BNP Paribas reports “strong business drive” for 2021
10 February 2022 France
Reporter: Jenna Lomax

BNP Paribas’s end-of-year report showed that 2021 was a year of strong growth for its assets under custody and assets under administration, as well as its wider securities services

SETL and Digital Asset partner for protocols to launch interoperable tokens
10 February 2022 US
Reporter: Jenna Lomax

SETL has partnered with New York-based Digital Asset to create a new protocol which can be used by regulated institutions to launch interoperable tokens

FIMBank renews contract with Volante
09 February 2022 Malta
Reporter: Jenna Lomax

FIMBank, a Malta-based provider of trade finance, is to extend its partnership with payments specialist Volante by deploying additional components from the Volante Payments as a Service payments processing platform

HSBC partners with Bloomberg for increased post-trade efficiency
09 February 2022 US
Reporter: Jenna Lomax

HSBC has partnered with Bloomberg to support real-time trade management processes, including matching and settlement for mutual clients

Commission extends UK CCP equivalence to June 2025
09 February 2022 EU
Reporter: Bob Currie

The European Commission has confirmed that it will extend equivalence for UK central counterparties through to 30 June 2025 and will enhance measures to build central clearing capacity in the EU